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and the debt ceiling debate there is a chance what was going to be a heavy lift with the administration and congress to raise the debt ceiling becomes heavier. a growing lack of trust and the administration will be distracted and more complicated. dennis: even more difficult and stocks hitting all-time highs and the dow up 5 points. right now is almost as if wall street is deciding this distraction and diversion could be a good thing but gridlock is good for only so long. >> the old line that gridlock is good for stocks i don't quite agree with that. if you look back at history like people think it does. one reason the market has been going up is japan looks better, the european situation is stabilized, the u.s. debt ceiling situation has been pushed off, the budget looking little better. spending is down and the g s es fannie and freddie molded to the government's total budget situation has improved, the actual debt ceiling debate has been put out a couple months the market does not have to confront that. the point i have been making is when it does confront washington is going to beco
before 2016. >> debt ceiling fight in the summer of 2011, actually makes me sick to my stomach remembering about it. and it cost america its aaa credit rating. here we go again. treasury is now using, quote, extraordinary measures to help the country pay its bills. how does this pay out? we have seen the movie before. how does it play out this time? >> well, we don't have to fight the fight probably until november. i think the chance of another downgrade is pretty remote because of the spectacular progress on the deficit. here's the interesting angle to me. it's not that obama's agenda is in tatters. it was in tatters a month ago after he lost the background check in the senate. what may happen is things he doesn't want may get shoved down his throat. keystone pipeline and maybe another sequester. in november to get a debt ceiling he may have to accept sequester for 2014. >> ron and greg, a slowly healing jobs market and a plunging deficit mean there's a lot of other things, scandal things they're talking about in washington. if we weren't talking about those things, i could as
the debt ceiling and of course find time to hold hearings on these issues. they could jeopardize the chances to take the house and that has serious policy implications for democrats going into the last couple of years. neil: some would tout that why stocks were up today, big government agenda. i cann help but notice how wall street soars to record after record, day after day inin the middle of the scandal. what is going on here, and what could disrt th? >> you would think the dow would be down 3000 points instead of another all-time high today. i think this is sort of like chemistry, it is a slow drip of negative headlines slowly eroding our trust. thus far has not inversely impacted invesrs pushing more on the micro things going on like earnings and bond yields, et ceta, but at some plenty of the wonder wonder if the average investor isn't going to be adversely impacted by this dirustful stuff coming out of washington. neil: europe told me whether republan or democrati present, uncertainty. the idea we can be dragged through one crisis after anoth another, addressing the debt de
battle over the debt ceiling, the budget, all this, i think this is going to get worse, not better. >> chris: you have a poll for everything, don't you? >> i've only offered up two today. >> chris: but they're just appropriate. thank you, panel. see you next week. check our panel plus, where our group picks up with the discussion on our website,, and follow us on twitter @"foxnewssunday". upho next, our power players of the week. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision cha
Search Results 0 to 5 of about 6 (some duplicates have been removed)